Weekly Deals Digest (22 Jun) - Santos, PointsBet, Mayne, HKBN, Carta, Nakano, Sanhua, FWD, CaoCao
A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
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HKBN (1310 HK): China Mobile's "Fair" Tendering Offer
Say a conservative six months to secure reg approvals, and an additional two months to complete the Offer - I'd pay ~HK$4.95/share - perhaps up to...
601 Views
HKBN (1310 HK): China Mobile’s Half-Baked Preconditional VGO
An unattractive offer, a lengthy precondition long-stop date and an irrevocable competing offer clause are invitations for competing offers. The...
579 Views
HKBN (1310 HK): China Mobile Comes Knocking. Again.
Shares are suspended - so there's nothing to be done right now. A rumoured HK$5/share is probably ok. A 16% premium to last close. But perhaps ~33%...
686 Views
HKBN (1310 HK): China Mobile Resurfaces as a Rumoured Suitor
Bloomberg reports that China Mobile is exploring a buyout of HKBN and is willing to pay at least HK$5.00. The rumoured offer price will struggle to...
462 Views